The latest Advertising Association/WARC Expenditure Report, published today, shows that the UK’s ad market recorded a 10.4% increase in investment to a total of £42.6bn in 2024. The latest dataset shows online formats, when combined, grew 13.2% last year with £4 in every £5 of ad budgets now spent online. New AA/WARC forecasts show advertising is expected to rise by 6.3% to reach £45.2bn in 2025. Further growth is forecast for 2026, with an anticipated rise of 5.6% lifting the UK ad market’s value to £47.8bn next year. April’s forecasts have seen…
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Digital Inclusion Under the Microscope as Digital Poverty Alliance launches NHS Sector Inquiry
The Digital Poverty Alliance (DPA) has launched an inquiry into digital inclusion in the healthcare sector amid government announcements to allocate billions to digital transformation. At a time where healthcare is moving online, discerned by the 20 per cent decrease in physical GP services, it’s vital that the healthcare industry evolves in line with technological advancement – but whilst tackling digital exclusion and not leaving millions behind. With the NHS undergoing significant digital transformation under the current administration’s new ten-year plan, shifting towards digital-first services, the Inquiry seeks to understand…
Digital Poverty Alliance expands Tech4Youth scheme on Walney Island to provide free laptops for children
The Digital Poverty Alliance (DPA) has expanded its Tech4Youth scheme to Walney Island in Cumbria, providing free laptops for children to keep in the area. The scheme aims to provide children in need of a laptop with a free device to support with digital learning, online job applications and access to essential digital services. Alongside a laptop, the Tech4Youth scheme is also providing young people between the ages of 11 and 19 with digital literacy workshops and online access support, with the goal of boosting digital inclusion in Walney Island…
Royal London Asset Management’s £11bn Sustainable fund range adopts SDR Focus Label
Royal London Asset Management announces that all eight funds in its £11bn Sustainable fund range will adopt a Sustainability Focus label under the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR). This milestone highlights our experience and long-term track record in sustainable investing and underscores our commitment to help investors navigate the evolving regulatory landscape. The Sustainability Focus label demonstrates to clients how sustainability considerations are consistently integrated in our investment decisions, helping them to make informed decisions. Mike Fox, Head of Equities, Royal London Asset Management commented: “Adopting the Sustainability…
Virgin Media O2 cuts carbon, champions the circular economy, and connects millions with free data, digital skills and devices
To mark Earth Day last month, Virgin Media O2 announced it has cut Scope 1 and 2 carbon emissions by 56% against its 2020 baseline. The company is publishing the performance of its sustainability strategy, the Better Connections Plan, in 2024, which shows it is on track to meet its near-term Science Based Target goal of reducing operational emissions (Scopes 1 and 2) by 90% by 2030. To galvanise further action to reduce its carbon emissions, the company’s annual bonus scheme includes a metric based on the company’s carbon reduction…